When I say 10000x, I don't mean 10000%. I mean $1 becomes $10000.
That's the general terminology in crypto, as far as I know.
When I say 10000x, I don't mean 10000%. I mean $1 becomes $10000.
That's the general terminology in crypto, as far as I know.
Sprout is measuring gain.Being pedantic, actually:
2x = 100%
3x = 200%
Sprout is measuring gain.
300% gain is a move from 1 to 4.
300% of 1 (=3) added to 1 = 4, or 3x.
As always it depends on where something is being measured from. Its silly dick-measuring gamerboy-mentality on Crypt's part.Fair enough.
But Yearn @ 36,000% is not 36,000x.
Cryptjitsu's example of HEX @ 10,000x is 1,000,000% (or 999,900% by my reckoning).
1x..
2x..
3x = 300% gain
As always it depends on where something is being measured from. Its silly dick-measuring gamerboy-mentality on Crypt's part.
Talking about a bagillion% only matters if one bought way down there and sold way up there.
Now there is of course another measure of an asset's worth/value and that is market cap and AFAIK Bitcoin blows everyone else away.